2020 (1) TMI 60

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..... nnot be furnished by the applicant as the amount is too exorbitant - HELD THAT:- Though, matter involves huge amount of tax evasion as mentioned by court below but fixing extraordinary amount in sureties or imposing any onerous condition is virtually against the spirit of bail order and it may amount denial of bail. The application of the applicant is allowed and sureties amount or ₹ 2 Cr .....

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..... on of sureties bonds of ₹ 2 Crores each for release of the applicant passed by In-charge Special Chief Judicial Magistrate, Meerut vide order dated 19.11.2019 in Case Crime No.1 of 2018, under Section 132(1) (b) of the Central Goods and Services Tax, 2017, Police Station- C.G.S.T., Noida, passed in pursuance of the order of this Court dated 14.11.2019 in Criminal Misc. Bail Application No.25 .....

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..... Learned counsel for the applicant further contended that applicant is in jail for almost about one year. He is the businessman but at present his accounts etc have been seized. Fixing sureties bonds of ₹ 2 Crores each is nothing but denial to release the applicant on bail because such sureties cannot be furnished by the applicant as the amount is too exorbitant. Learned counsel for the appl .....

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